Meinian Onehealth Healthcare Holdings Co Ltd
Meinian Onehealth Healthcare Holdings Co., Ltd. engages in the professional health examination business. The company integrates health consultation, health assessment, and health intervention services. It also provides professional prevention, health protection, medical butler, nutrition and health management consulting, health checkup, medical technology, information technology, health advisory,… Read more
Meinian Onehealth Healthcare Holdings Co Ltd (002044) - Net Assets
Latest net assets as of September 2025: CN¥8.72 Billion CNY
Based on the latest financial reports, Meinian Onehealth Healthcare Holdings Co Ltd (002044) has net assets worth CN¥8.72 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.57 Billion) and total liabilities (CN¥10.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.72 Billion |
| % of Total Assets | 44.58% |
| Annual Growth Rate | 21.19% |
| 5-Year Change | 0.12% |
| 10-Year Change | 168.48% |
| Growth Volatility | 129.61 |
Meinian Onehealth Healthcare Holdings Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Meinian Onehealth Healthcare Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meinian Onehealth Healthcare Holdings Co Ltd (2002–2024)
The table below shows the annual net assets of Meinian Onehealth Healthcare Holdings Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.70 Billion | +3.48% |
| 2023-12-31 | CN¥8.41 Billion | +2.60% |
| 2022-12-31 | CN¥8.20 Billion | -6.42% |
| 2021-12-31 | CN¥8.76 Billion | +0.77% |
| 2020-12-31 | CN¥8.69 Billion | +6.60% |
| 2019-12-31 | CN¥8.15 Billion | +11.77% |
| 2018-12-31 | CN¥7.30 Billion | +5.69% |
| 2017-12-31 | CN¥6.90 Billion | +92.61% |
| 2016-12-31 | CN¥3.58 Billion | +10.56% |
| 2015-12-31 | CN¥3.24 Billion | +623.37% |
| 2014-12-31 | CN¥448.11 Million | +4.99% |
| 2013-12-31 | CN¥426.82 Million | -12.58% |
| 2012-12-31 | CN¥488.23 Million | +23.33% |
| 2011-12-31 | CN¥395.88 Million | +13.88% |
| 2010-12-31 | CN¥347.62 Million | +2.64% |
| 2009-12-31 | CN¥338.68 Million | +2.42% |
| 2008-12-31 | CN¥330.68 Million | +4.32% |
| 2007-12-31 | CN¥316.99 Million | +3.88% |
| 2006-12-31 | CN¥305.15 Million | +4.83% |
| 2005-12-31 | CN¥291.09 Million | +91.75% |
| 2004-12-31 | CN¥151.81 Million | +4.59% |
| 2003-12-31 | CN¥145.15 Million | +14.48% |
| 2002-12-31 | CN¥126.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meinian Onehealth Healthcare Holdings Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12215.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.52 Billion | 19.22% |
| Common Stock | CN¥3.91 Billion | 49.47% |
| Other Components | CN¥2.48 Billion | 31.30% |
| Total Equity | CN¥7.91 Billion | 100.00% |
Meinian Onehealth Healthcare Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Meinian Onehealth Healthcare Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polibeli Group Ltd Class A Ordinary Shares
NASDAQ:PLBL
|
$2.93 Billion |
|
Fujian Anjoy Foods Co Ltd
SHG:603345
|
$2.94 Billion |
|
PJT Partners Inc
NYSE:PJT
|
$2.94 Billion |
|
Pony AI Inc. American Depositary Shares
NASDAQ:PONY
|
$2.94 Billion |
|
KEI Industries Limited
NSE:KEI
|
$2.93 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$2.93 Billion |
|
SIAM CEMENT UNSP.ADS/1
F:TCM
|
$2.93 Billion |
|
Ipsen S.A
PINK:IPSEF
|
$2.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meinian Onehealth Healthcare Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,697,788,310 to 7,911,964,163, a change of 214,175,853 (2.8%).
- Net income of 282,237,732 contributed positively to equity growth.
- Dividend payments of 210,145,331 reduced retained earnings.
- Other factors increased equity by 142,083,452.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥282.24 Million | +3.57% |
| Dividends Paid | CN¥210.15 Million | -2.66% |
| Other Changes | CN¥142.08 Million | +1.8% |
| Total Change | CN¥- | 2.78% |
Book Value vs Market Value Analysis
This analysis compares Meinian Onehealth Healthcare Holdings Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 245.53x to 3.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CN¥0.02 | CN¥6.11 | x |
| 2003-12-31 | CN¥0.03 | CN¥6.11 | x |
| 2004-12-31 | CN¥0.15 | CN¥6.11 | x |
| 2005-12-31 | CN¥0.33 | CN¥6.11 | x |
| 2006-12-31 | CN¥0.35 | CN¥6.11 | x |
| 2007-12-31 | CN¥0.36 | CN¥6.11 | x |
| 2008-12-31 | CN¥0.38 | CN¥6.11 | x |
| 2009-12-31 | CN¥0.41 | CN¥6.11 | x |
| 2010-12-31 | CN¥0.40 | CN¥6.11 | x |
| 2011-12-31 | CN¥0.47 | CN¥6.11 | x |
| 2012-12-31 | CN¥0.51 | CN¥6.11 | x |
| 2013-12-31 | CN¥0.47 | CN¥6.11 | x |
| 2014-12-31 | CN¥0.19 | CN¥6.11 | x |
| 2015-12-31 | CN¥1.06 | CN¥6.11 | x |
| 2016-12-31 | CN¥0.87 | CN¥6.11 | x |
| 2017-12-31 | CN¥1.76 | CN¥6.11 | x |
| 2018-12-31 | CN¥1.76 | CN¥6.11 | x |
| 2019-12-31 | CN¥1.94 | CN¥6.11 | x |
| 2020-12-31 | CN¥2.05 | CN¥6.11 | x |
| 2021-12-31 | CN¥2.07 | CN¥6.11 | x |
| 2022-12-31 | CN¥1.92 | CN¥6.11 | x |
| 2023-12-31 | CN¥1.98 | CN¥6.11 | x |
| 2024-12-31 | CN¥1.96 | CN¥6.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meinian Onehealth Healthcare Holdings Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.64%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.54x
- Recent ROE (3.57%) is below the historical average (8.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.58% | 4.83% | 1.75x | 1.96x | CN¥6.42 Million |
| 2003 | 18.48% | 4.49% | 1.86x | 2.21x | CN¥9.21 Million |
| 2004 | 16.41% | 3.64% | 2.04x | 2.21x | CN¥8.02 Million |
| 2005 | 8.49% | 4.29% | 1.39x | 1.42x | CN¥-4.02 Million |
| 2006 | 9.33% | 4.46% | 1.49x | 1.40x | CN¥-1.90 Million |
| 2007 | 8.57% | 4.45% | 1.38x | 1.40x | CN¥-4.20 Million |
| 2008 | 4.26% | 3.17% | 1.01x | 1.33x | CN¥-17.61 Million |
| 2009 | 5.97% | 3.72% | 1.14x | 1.41x | CN¥-12.79 Million |
| 2010 | 7.08% | 4.19% | 1.29x | 1.31x | CN¥-9.58 Million |
| 2011 | 15.56% | 7.59% | 1.37x | 1.50x | CN¥21.05 Million |
| 2012 | 15.76% | 9.56% | 0.96x | 1.71x | CN¥23.98 Million |
| 2013 | -1.79% | -0.82% | 1.01x | 2.18x | CN¥-41.12 Million |
| 2014 | 36.18% | 9.79% | 2.09x | 1.77x | CN¥101.38 Million |
| 2015 | 8.52% | 12.39% | 0.47x | 1.47x | CN¥-45.37 Million |
| 2016 | 13.64% | 10.47% | 0.72x | 1.81x | CN¥120.44 Million |
| 2017 | 8.99% | 9.30% | 0.50x | 1.92x | CN¥-65.70 Million |
| 2018 | 12.50% | 9.70% | 0.52x | 2.49x | CN¥164.03 Million |
| 2019 | -11.84% | -10.16% | 0.45x | 2.59x | CN¥-1.60 Billion |
| 2020 | 6.91% | 7.02% | 0.43x | 2.30x | CN¥-246.25 Million |
| 2021 | 0.77% | 0.67% | 0.49x | 2.35x | CN¥-742.30 Million |
| 2022 | -7.50% | -6.49% | 0.47x | 2.45x | CN¥-1.30 Billion |
| 2023 | 6.57% | 4.64% | 0.56x | 2.53x | CN¥-264.16 Million |
| 2024 | 3.57% | 2.64% | 0.53x | 2.54x | CN¥-508.96 Million |
Industry Comparison
This section compares Meinian Onehealth Healthcare Holdings Co Ltd's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $3,074,381,626
- Average return on equity (ROE) among peers: 9.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meinian Onehealth Healthcare Holdings Co Ltd (002044) | CN¥8.72 Billion | 16.58% | 1.24x | $2.93 Billion |
| Xian International Medical Investment Co Ltd (000516) | $3.50 Billion | 5.76% | 0.59x | $1.05 Billion |
| Hengkang Medical Group Co Ltd (002219) | $414.18 Million | 15.93% | 0.24x | $692.82 Million |
| Aier Eye Hospital Group (300015) | $12.22 Billion | 19.01% | 0.79x | $5.89 Billion |
| Liaoning He Eye Hospital Group Co. LTD. (301103) | $1.88 Billion | -1.46% | 0.18x | $162.79 Million |
| Chengdu Bright Eye Hospital Co. Ltd. (301239) | $2.12 Billion | -4.80% | 1.17x | $339.26 Million |
| Huaxia Eye Hospital Group Co. Ltd. A (301267) | $1.85 Billion | 24.61% | 0.74x | $387.98 Million |
| Sanbo Hospital Management Group Ltd. A (301293) | $2.51 Billion | 3.12% | 0.25x | $1.52 Billion |
| Top Choice Medical Investment Co Inc (600763) | $100.20 Million | 13.53% | 0.09x | $1.69 Billion |